Brainlab Orthopaedic Joint Reconstruction Business Acquired by Smith & Nephew
Smith & Nephew ($SNN) announced that they have agreed to acquire Brainlab's orthopaedic reconstruction business.
The strategic acquisition further enhances Smith & Nephew's multi-asset digital surgery and robotic ecosystem as well as further accelerate research and development in the areas of digital surgery and augmented reality. Brainlab currently has over 500 worldwide accounts and is used in over 40,000 orthopaedic cases each year.
In addition to the technological aspects of the acquisition, Brainlab's orthopaedic salesforce will be integrated into the Smith & Nephew robotics commercial organization, which will help grow and develop both company's businesses.
“This partnership with Brainlab is a critical driver of our digital surgery and robotic ecosystem,” said Namal Nawana, CEO of Smith & Nephew. “Together we will drive the development and adoption of digital technologies to dramatically improve efficiency and outcomes in the OR.”
The partnership is also expected to yield the development of applications in orthopaedic reconstruction and sports medicine, with the potential to expand into other surgical specialties thereafter.
With Smith & Nephew's NAVIO Surgical System, the crossover for robotic surgery and surgical navigation allows Smith & Nephew to offer a powerful digital ecosystem to surgeons and hospitals.
“Computer-assisted surgery is the foundation of any powerful robotic solution and sophisticated software will drive superior robotic applications,” said Stefan Vilsmeier, President and CEO, Brainlab. “I’m excited about co-inventing the future of digital surgery with our new partner, and expanding the reach of our technology to ambulatory surgery centers and their patients.”